Web3 adoption’s main issue: Seed phrases won’t work for 95% of mainstream users
Crypto wallets with easier sign-in options and recoverable passwords could become the industry standard in the future.
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Cryptography startup Fabric raises $33M for new data privacy chip
Blockchain Capital and 1kx co-led the Series A round that will back the development of a new computing chip focused on data privacy.

BitMEX Owner Awards $60K Grant to Bitcoin Developer Michael Ford
Bitcoin Core contributor Michael Ford, aka “fanquake,” has been awarded a $60,000 grant by the parent firm of top crypto derivatives platform BitMEX.In an official announcement published on July 12, BitMEX owner and operator HDR Global Trading revealed its decision to award Ford the grant, noting that he has just recently been made the latest…

Crypto is like ‘venereal disease’ and should be banned: Charlie Munger
Comments made by Warren Buffet’s right-hand man and vice chairman of Berkshire Hathaway have gone viral for their imaginative depiction of cryptocurrency. 763 Total views 6 Total shares Charlie Munger, the ancient vice chairman of Berkshire Hathaway and Warren Buffet’s right hand man, has no issue with providing his honest thoughts on cryptocurrency: He hates…

Elon Musk threatens Microsoft with suit, claims AI trained on Twitter data
The Twitter chief alleged Microsoft scraped information from the platform to train its AI and sell the data to others. 122 Total views 2 Total shares Own this piece of history Collect this article as an NFTMicrosoft has been threatened with a suit from Tesla and Twitter chief Elon Musk who claimed the Big Tech…

NEM Reorganizes Non-Profit Foundation Amid Token Price and Funding Woes
Blockchain asset management platform NEM (XEM) announced it had completely reformed its non-profit NEM Foundation amid financial difficulties in an announcement Jan. 31.The Foundation, which previously had a budget with a monthly burn rate of 9 million XEM (~$392,000), now plans to spend less than half that amount, as a new streamlined entity aims to…

UN report highlights ‘serious and urgent’ concerns about AI deepfakes
The UN wants to address AI-generated fake news and information as the organization looks to bring in voluntary guidelines for the technology. 70 Total views 24 Total shares The United Nations has called artificial intelligence-generated media a “serious and urgent” threat to information integrity, particularly on social media.In a June 12 report, the UN claimed…

Why is Bitcoin price down today?
Bitcoin price is down today as macroeconomic pressure, declining Bitcoin network usage, and doubts over the Fed rate decrease drive prices downward.

Crypto leaders are obsessed with life extension. Here’s why
Ethereum co-founder Vitalik Buterin is on a mission to make humans immortal. Buterin, 27, proposes the idea that “aging is an engineering problem.” He is not alone in his combined interest in Bitcoin and biohacking. Famous biomedical aging researcher Aubrey de Grey, Xanadu architect and Agoric chief scientist Mark Miller, Bitcoin Cash billionaire Roger Ver and…